What are the benefits of giving securities to Jefferson?

Giving appreciated stock or bonds is usually more advantageous than giving cash. If you give appreciated securities held longer than one year, you can deduct their full fair market value, regardless of what you originally paid for them. Though your total deduction is limited to 30 percent of your adjusted gross income in any year, you can take any unused deduction over five succeeding tax years. And, you pay no capital gains tax on the donated securities. Please consult your financial or tax advisors before making any material decisions based on this information.

How does Jefferson value my gift of securities?

If the security is transferred electronically through DTC (Depository Trust Corporation): The gift is valued at the average of the high and low prices on the date of gift, which is the day the security is received into our account for electronic transfer.

What if the physical certificate is sent by U.S. mail?

The gift is valued at the average of the high and low prices on the date of gift, which is the postmark. If the certificate and the stock power are sent on different dates, the later date will be used.

What if the certificate is hand delivered?

The gift is valued at the average of the high and low prices on the date of gift, which is the date Jefferson takes physical possession of either the certificate or the stock power, whichever is later.

What do I do if I want to give gifts of stock/securities?

You will need to contact our Planned Giving department at:
The Jefferson Foundation
925 Chestnut Street, Suite 110, Philadelphia, PA  19107
(215) 955-8818 or (877) 533-3443
E-mail: paul.hurd@jefferson.edu

I’m interested in establishing a charitable gift annuity or charitable trust. What financial provisions do you make for the income payments?

Your charitable gift annuity is treated as a general obligation of Jefferson, backed by all its assets. Jefferson is in full compliance with provisions regarding a nonprofit's offering of gift annuities and trusts and maintains an unbroken record in making timely payments to our annuitants.